COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Saturday, 16 May 09
FREIGHT MARKET HAS BEEN EXTREMELY BUOYANT - VISTAAR SINGAPORE


COALspot.com
(Singapore): The week saw the BDI rally continuing and the market freight market has been extremely buoyant, VISTAAR Shipping Pte Limited of Singapore, said to COALspot.com. 

Vistaar, a ship operator from Singapore,further said, Over the last 2 weeks the BDI is up by 40 pct and almost up by 300 pct since the lows of 2008. The BDI ended this week at 2544 which is an increase of 352 points over last one week. The demand for ships has been quite good in all regions and the vessels enjoyed healthy charter rates.

The main reason for the increase in the freight market seems to be huge imports of iron ore and coal by China. China has imported in excess of 50 million tons of iron ore in April alone, which seems to be the main reason for the increase in the freight market. It will be interesting to see if the same momentum is maintained.

The spot supramax demand was quite firm for cargoes out of Indonesia and have been demanding US$ 15,000 / 18,000 per day depending on the position for trips to India and Pacific round voyages.

"The market is expected to remain firm over next week" - Capt. Reddy, MD, Vistaar Shipping

The iron ore exports from India has been steady and supramax ships were being fixed at around US$ 15000 / 17000 per day. There is pressure to ship out maximum iron ore cargoes out of WC India before monsoons. The week also saw quite a few supramax vessels ballasting to South America from India / PG range fixed at around US$ 15000 per day.

The bunker prices remained firm with brent crude at US$ 58 / 59 per barrel and the IFO prices ex Singapore touching US$ 355 pmt levels. 

The short period (4/6 months) rates for larger supramax is around US$ 15000 / 16000 per day in Far east / SE Asia region future. One year period rate for supramax reported at US$ 13000 / 13500 per day with delivery India / Far east region.

The indicative spot freight rates forecasted by VISTAAR SINGAPORE on Supramax as follows:

Coal

Indonesia        /  East Coast  (EC) India  : US$ 13.00 / 13.50 pmt
Indonesia        /  West Coast (WC) India : US$ 16.50 / 17.00 pmt
Richards Bay  /  Est Coast    (WC) India  : US$ 16.00 / 17.00 pmt
Richards Bay  /  East Coast   (EC) India  : US$ 17.50 / 18.00 pmt
Queensland    /  East Coast   (EC) India  : US$ 19.00 / 19.50 pmt

Iron Ore

WC India / N.China : US$ 15.00 pmt
EC India / N.China  : US$ 14.00 pmt



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 15 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
ENERGY and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...


Thursday, 14 May 09
INDONESIA 2009 COAL OUTPUT REVISED DOWN - REUTERS
* Indonesia coal output seen at 240 million tonnes in 2009 * Coal exports down 11.2 pct to 44.79 mln tonnes in Q1 2009 * Production down 1.4 pct t ...


Thursday, 14 May 09
PAKISTAN WILL IMPORT 3.2 MILLION TON OF COAL IN 2009 - SEATRADE
COALspot.com (Pakistan) - SEATRADE Group of pakistan a single largest imported coal supplier in Pakistan, forecasting Pakistan steam coal imports wi ...


Wednesday, 13 May 09
ADARO, ITM EXPECT COAL GROWTH IN 2009
Adaro, which has a market capitalization of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and ...


Wednesday, 13 May 09
COAL SUPPLY MAY BE VASTLY OVERESTIMATED - ABC SCIENCE
The world's coal supply suggests reserves may be vastly overestimated and we could be facing an unprecedented global energy crisis, according to a ...


   1349 1350 1351 1352 1353   
Showing 6751 to 6755 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Borneo Indobara - Indonesia
  • bp singapore
  • IBC Asia (S) Pte Ltd
  • SMG Consultants - Indonesia
  • CIMB Investment Bank - Malaysia
  • Georgia Ports Authority, United States
  • Glencore India Pvt. Ltd
  • Gresik Semen - Indonesia
  • Attock Cement Pakistan Limited
  • Savvy Resources Ltd - HongKong
  • PLN Batubara - Indonesia
  • KOWEPO - South Korea
  • Credit Suisse - India
  • Directorate General of MIneral and Coal - Indonesia
  • Indonesia Power. PT
  • Maheswari Brothers Coal Limited - India
  • Shree Cement - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Larsen & Toubro Limited - India
  • Core Mineral Indonesia
  • Star Paper Mills Limited - India
  • Sree Jayajothi Cements Limited - India
  • Gupta Coal India Ltd
  • Pinang Coal Indonesia
  • Deloitte Consulting - India
  • Barasentosa Lestari - Indonesia
  • Petrosea - Indonesia
  • SMC Global Power, Philippines
  • Orica Australia Pty. Ltd.
  • San Jose City I Power Corp, Philippines
  • London Commodity Brokers - England
  • Platts
  • Siam City Cement PLC, Thailand
  • IEA Clean Coal Centre - UK
  • Bank of America
  • Vijayanagar Sugar Pvt Ltd - India
  • Infraline Energy - India
  • The India Cements Ltd
  • U S Energy Resources
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Rudhra Energy - India
  • JPMorgan - India
  • Coal India Limited
  • Kapuas Tunggal Persada - Indonesia
  • White Energy Company Limited
  • Jindal Steel & Power Ltd - India
  • Bangladesh Power Developement Board
  • Idemitsu - Japan
  • Tata Power - India
  • Reliance Power - India
  • Therma Luzon, Inc, Philippines
  • Sakthi Sugars Limited - India
  • Asian Development Bank
  • Mitsubishi Corporation
  • Mercuria Energy - Indonesia
  • CoalTek, United States
  • EIA - United States
  • Bukit Baiduri Energy - Indonesia
  • Lafarge - France
  • Merrill Lynch Commodities Europe
  • Ince & co LLP
  • Eastern Energy - Thailand
  • IHS Mccloskey Coal Group - USA
  • Leighton Contractors Pty Ltd - Australia
  • World Coal - UK
  • Samsung - South Korea
  • Salva Resources Pvt Ltd - India
  • Bhoruka Overseas - Indonesia
  • Bhatia International Limited - India
  • Thailand Anthracite
  • Mercator Lines Limited - India
  • SASOL - South Africa
  • Baramulti Group, Indonesia
  • Mitra SK Pvt Ltd - India
  • Grasim Industreis Ltd - India
  • Petron Corporation, Philippines
  • Billiton Holdings Pty Ltd - Australia
  • Sinarmas Energy and Mining - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Bulk Trading Sa - Switzerland
  • BNP Paribas - Singapore
  • Power Finance Corporation Ltd., India
  • PLN - Indonesia
  • McConnell Dowell - Australia
  • Coal and Oil Company - UAE
  • MS Steel International - UAE
  • SN Aboitiz Power Inc, Philippines
  • Maruti Cements - India
  • Gujarat Sidhee Cement - India
  • Mjunction Services Limited - India
  • Coal Orbis AG
  • Meenaskhi Energy Private Limited - India
  • IOL Indonesia
  • Cardiff University - UK
  • Anglo American - United Kingdom
  • Fearnleys - India
  • Central Electricity Authority - India
  • Bharathi Cement Corporation - India
  • LBH Netherlands Bv - Netherlands
  • Iligan Light & Power Inc, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Freeport Indonesia
  • TRAFIGURA, South Korea
  • Medco Energi Mining Internasional
  • Ceylon Electricity Board - Sri Lanka
  • Semirara Mining Corp, Philippines
  • JPower - Japan
  • Global Coal Blending Company Limited - Australia
  • Cargill India Pvt Ltd
  • Indorama - Singapore
  • Pendopo Energi Batubara - Indonesia
  • DBS Bank - Singapore
  • Lanco Infratech Ltd - India
  • Romanian Commodities Exchange
  • McKinsey & Co - India
  • ETA - Dubai
  • Latin American Coal - Colombia
  • Adani Power Ltd - India
  • Mitsui
  • Economic Council, Georgia
  • Electricity Authority, New Zealand
  • Cosco
  • Independent Power Producers Association of India
  • CNBM International Corporation - China
  • Parry Sugars Refinery, India
  • Vale Mozambique
  • Neyveli Lignite Corporation Ltd, - India
  • Sindya Power Generating Company Private Ltd
  • Samtan Co., Ltd - South Korea
  • UOB Asia (HK) Ltd
  • Bhushan Steel Limited - India
  • Berau Coal - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • globalCOAL - UK
  • Noble Europe Ltd - UK
  • Deutsche Bank - India
  • Kepco SPC Power Corporation, Philippines
  • Gujarat Mineral Development Corp Ltd - India
  • Sojitz Corporation - Japan
  • WorleyParsons
  • BRS Brokers - Singapore
  • ANZ Bank - Australia
  • Ambuja Cements Ltd - India
  • Siam City Cement - Thailand
  • Altura Mining Limited, Indonesia
  • Madhucon Powers Ltd - India
  • UBS Singapore
  • MEC Coal - Indonesia
  • Oldendorff Carriers - Singapore
  • Humpuss - Indonesia
  • Indonesian Coal Mining Association
  • IMC Shipping - Singapore
  • Essar Steel Hazira Ltd - India
  • Shenhua Group - China
  • Metalloyd Limited - United Kingdom
  • New Zealand Coal & Carbon
  • APGENCO India
  • Petrochimia International Co. Ltd.- Taiwan
  • Australian Coal Association
  • Sucofindo - Indonesia
  • KEPCO - South Korea
  • Aboitiz Power Corporation - Philippines
  • Ind-Barath Power Infra Limited - India
  • Kideco Jaya Agung - Indonesia
  • Riau Bara Harum - Indonesia
  • KPMG - USA
  • Thiess Contractors Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Qatrana Cement - Jordan
  • Mintek Dendrill Indonesia
  • Intertek Mineral Services - Indonesia
  • Bank of China, Malaysia
  • GHCL Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Panama Canal Authority
  • Interocean Group of Companies - India
  • Coastal Gujarat Power Limited - India
  • CCIC - Indonesia
  • Vizag Seaport Private Limited - India
  • Clarksons - UK
  • Dalmia Cement Bharat India
  • NALCO India
  • Geoservices-GeoAssay Lab
  • ACC Limited - India
  • TANGEDCO India
  • Moodys - Singapore
  • RBS Sempra - UK
  • Chamber of Mines of South Africa
  • Krishnapatnam Port Company Ltd. - India
  • Alfred C Toepfer International GmbH - Germany
  • Bayan Resources Tbk. - Indonesia
  • Indian Energy Exchange, India
  • Heidelberg Cement - Germany
  • GNFC Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Argus Media - Singapore
  • Merrill Lynch Bank
  • Cigading International Bulk Terminal - Indonesia
  • GVK Power & Infra Limited - India
  • Japan Coal Energy Center
  • GAC Shipping (India) Pvt Ltd
  • Goldman Sachs - Singapore
  • The University of Queensland
  • Commonwealth Bank - Australia
  • The Treasury - Australian Government
  • PetroVietnam
  • Gujarat Electricity Regulatory Commission - India
  • TGV SRAAC LIMITED, India
  • Price Waterhouse Coopers - Russia
  • Toyota Tsusho Corporation, Japan
  • NTPC Limited - India
  • Carbofer General Trading SA - India
  • Formosa Plastics Group - Taiwan
  • Surastha Cement
  • Total Coal South Africa
  • Coeclerici Indonesia
  • Makarim & Taira - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Arutmin Indonesia
  • Central Java Power - Indonesia
  • Kobe Steel Ltd - Japan
  • PowerSource Philippines DevCo
  • Coaltrans Conferences
  • TNPL - India
  • Platou - Singapore
  • Aditya Birla Group - India
  • Tanito Harum - Indonesia
  • Sarangani Energy Corporation, Philippines
  • European Bulk Services B.V. - Netherlands
  • Vedanta Resources Plc - India
  • Kaltim Prima Coal - Indonesia
  • Antam Resourcindo - Indonesia
  • Port Waratah Coal Services - Australia
  • PetroVietnam Power Coal Import and Supply Company
  • Xstrata Coal
  • Energy Development Corp, Philippines
  • India Bulls Power Limited - India
  • Semirara Mining and Power Corporation, Philippines
  • Bukit Makmur.PT - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Eastern Coal Council - USA
  • Malco - India
  • Permata Bank - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • GMR Energy Limited - India
  • Mechel - Russia
  • Marubeni Corporation - India
  • South Luzon Thermal Energy Corporation
  • GN Power Mariveles Coal Plant, Philippines
  • Ministry of Finance - Indonesia
  • Enel Italy
  • AsiaOL BioFuels Corp., Philippines
  • Cemex - Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Straits Asia Resources Limited - Singapore
  • Adaro Indonesia
  • Minerals Council of Australia
  • Jaiprakash Power Ventures ltd
  • Energy Link Ltd, New Zealand
  • Karaikal Port Pvt Ltd - India
  • Vitol - Bahrain
  • Videocon Industries ltd - India
  • EMO - The Netherlands
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • VISA Power Limited - India
  • Thai Mozambique Logistica
  • Posco Energy - South Korea
  • Pipit Mutiara Jaya. PT, Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Indogreen Group - Indonesia
  • ASAPP Information Group - India
  • Thermax Limited - India
  • Indian Oil Corporation Limited
  • Orica Mining Services - Indonesia
  • Asia Cement - Taiwan
  • Asmin Koalindo Tuhup - Indonesia
  • Tata Chemicals Ltd - India
  • Renaissance Capital - South Africa
  • Cement Manufacturers Association - India
  • Thriveni
  • Britmindo - Indonesia
  • Australian Commodity Traders Exchange
  • Russian Coal LLC
  • Uttam Galva Steels Limited - India
  • Binh Thuan Hamico - Vietnam
  • The State Trading Corporation of India Ltd
  • Ernst & Young Pvt. Ltd.
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Sical Logistics Limited - India
  • World Bank
  • Ministry of Transport, Egypt
  • Parliament of New Zealand
  • TNB Fuel Sdn Bhd - Malaysia
  • OCBC - Singapore
  • ICICI Bank Limited - India
  • Standard Chartered Bank - UAE
  • Timah Investasi Mineral - Indoneisa
  • Agrawal Coal Company - India
  • TeaM Sual Corporation - Philippines
  • Xindia Steels Limited - India
  • Maersk Broker
  • Global Business Power Corporation, Philippines
  • J M Baxi & Co - India
  • Bahari Cakrawala Sebuku - Indonesia
  • PNOC Exploration Corporation - Philippines
  • Bukit Asam (Persero) Tbk - Indonesia
  • Edison Trading Spa - Italy
  • Arch Coal - USA
  • Jorong Barutama Greston.PT - Indonesia
  • Jatenergy - Australia
  • Barclays Capital - USA
  • Chettinad Cement Corporation Ltd - India
  • ING Bank NV - Singapore
  • Tamil Nadu electricity Board
  • Simpson Spence & Young - Indonesia
  • Rio Tinto Coal - Australia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Kobexindo Tractors - Indoneisa
  • Malabar Cements Ltd - India
  • Electricity Generating Authority of Thailand
  • Singapore Mercantile Exchange
  • Inco-Indonesia
  • Meralco Power Generation, Philippines
  • Indian School of Mines
  • Kartika Selabumi Mining - Indonesia
  • KPCL - India
  • Runge Indonesia
  • Wood Mackenzie - Singapore
  • Planning Commission, India
  • Coalindo Energy - Indonesia
  • SGS (Thailand) Limited
  • Banpu Public Company Limited - Thailand
  • Indika Energy - Indonesia
  • Thomson Reuters GRC
  • GB Group - China
  • Africa Commodities Group - South Africa
  • CESC Limited - India
  • Kumho Petrochemical, South Korea
  • Cebu Energy, Philippines
  • Directorate Of Revenue Intelligence - India
  • Globalindo Alam Lestari - Indonesia
  • SRK Consulting
  • Ministry of Mines - Canada
  • Wilmar Investment Holdings
  • Trasteel International SA, Italy
  • Peabody Energy - USA
  • PTC India Limited - India
  • Inspectorate - India
  • SUEK AG - Indonesia
  • Bangkok Bank PCL
  • HSBC - Hong Kong
  • Maybank - Singapore
  • Global Green Power PLC Corporation, Philippines
  • Kalimantan Lumbung Energi - Indonesia